Tax Guidance for Build UK Members – June 2018

8 June 2018

Members can access the Construction Industry Joint Taxation Committee’s (JTC) monthly tax guidance newsletter as a key benefit of Build UK membership.

Members often register the difficulties they face in complying with changes to taxation rules and regulations, and can now access the JTC newsletter which is publicised monthly on Newsline and includes guidance on challenging issues and direct responses to taxation queries.

The June edition includes:

Reverse charge VAT – this is definitely taking place in October 2019, and perhaps is one of the biggest changes in VAT for those currently working in construction
Making Tax Digital – From April 2019 you must have used HMRC approved software to produce and submit the figures for VAT
Childcare voucher scheme extended – Employer childcare voucher schemes which have been replaced by the new Tax-free Childcare scheme can now remain open to new entrants until 4 October 2018.

The full newsletter can be viewed here. If you have a query relating to items in the newsletter, please contact Liz Bridge.